Misinformation

Mish working on the title of Misinformation Mish. 

Yesterday with this,  and again today with this.

Medicaid Expansion Was Supposed to Pay for Itself, Instead Hospitals Are Closing

He's a small government libertarian so he's going to promote this kind of stuff but offering this as a valid study is misinformation.

The "study" is from The Foundation for Government Accountability (FGA). Here's what Wikipedia has on them.

The Foundation for Government Accountability (FGA) is a conservative American public policy think tank based in Naples, Florida. The nonprofit organization primarily focuses on reducing the welfare state, reducing restrictions on teenage workers, and blocking the expansion of Medicaid at both the state and federal levels. FGA conducts policy research and its experts recommend free-market policies intended to promote work, reduce dependency, and increase opportunity. The organization was founded in 2011 by Tarren Bragdon, who now serves as FGA's CEO and president. The group's "emphasis on policy messaging and marketing...has differentiated the group from traditional think tanks."[3]

So the study is by a conservative, anti-government think-tank/marketing firm which has one of it's goals as "blocking the expansion of Medicaid at both the state and federal levels".

Do you think the study is legit? Do you think they looked for any other reasons why hospitals in these states are losing money? I doubt it. 

Our health care system has a lot of problems and this could be an issue but you are not going to get a fair picture from an organization who's goal is destroy the thing they are reporting on.

Anyway, Mish has a decent finance site. He's the second site listed on this Top 100 Economic Blogs listing and I read him every day, but he's a hard-core libertarian who is automatically against anything, any government does. 

He posts a lot Fox News-like stories that blame big scary government for problems while ignore other possibilities.